WAEC - Commerce (1998 - No. 93)
XYZ Ltd's total sales was #100,000. It had opening stock of #20,000 and closing stock of #22,000. It bought goods worth #80,000 and paid #2,000 for rent.
XYZ Ltd's profit is
XYZ Ltd's profit is
#58,000.00
#42,000.00
#38,000.00
#22,000.00
#20,000.00